Ann: VivaGel condom receives TGA device certification, page-38

Thanks Espinsight. The way l see it is that Ansell will launch in Australia but approval still needs to be gained for the holy grail, the USA which is anyones guess. Following that Ansell has to gear up the launch the product and educate the market. All these things seem to take so much time. Look at Okamoto in Japan. The authorities approved the product almost 6 months ago and still no mention of product launch. Lets assume this happens in 3 months. Then add a minimum of 6 months to gain some traction in the market followed by another 3 months minimum before a royalty payment hits the bank, a total of at least 12 months.

l hope l'm proved wrong but many years investing and observing the biotech industry has taught me to be very patient.

Good luck to all holders.